France: Lactose Market 2024

Lactose Market Size in France

In 2022, the French lactose market increased by 21% to $X, rising for the sixth year in a row after three years of decline. Over the period under review, the total consumption indicated a measured increase from 2012 to 2022: its value increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +103.3% against 2016 indices. Lactose consumption peaked in 2022 and is likely to see gradual growth in the immediate term.

Lactose Production in France

In value terms, lactose production expanded sharply to $X in 2022 estimated in export price. In general, the total production indicated a pronounced increase from 2012 to 2022: its value increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -5.4% against 2020 indices. The most prominent rate of growth was recorded in 2018 when the production volume increased by 29% against the previous year. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Lactose Exports

Exports from France

In 2022, overseas shipments of lactose and lactose syrup decreased by -2.8% to X tons, falling for the second year in a row after five years of growth. Over the period under review, total exports indicated a prominent expansion from 2012 to 2022: its volume increased at an average annual rate of +5.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -12.3% against 2020 indices. The most prominent rate of growth was recorded in 2019 with an increase of 23% against the previous year. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, lactose exports skyrocketed to $X in 2022. In general, exports, however, recorded a temperate increase. The pace of growth was the most pronounced in 2017 when exports increased by 43%. The exports peaked in 2022 and are expected to retain growth in the near future.

Exports by Country

The Netherlands (X tons), Spain (X tons) and Switzerland (X tons) were the main destinations of lactose exports from France, with a combined 35% share of total exports. Ireland, Belgium, the UK, Russia, Pakistan, Germany, Austria, Colombia, China and Italy lagged somewhat behind, together comprising a further 41%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Pakistan (with a CAGR of +550.0%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for lactose exported from France were the Netherlands ($X), Spain ($X) and the UK ($X), with a combined 31% share of total exports. Switzerland, Ireland, Belgium, Russia, Pakistan, Austria, Italy, Germany, Colombia and China lagged somewhat behind, together accounting for a further 41%.

In terms of the main countries of destination, Pakistan, with a CAGR of +573.3%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average lactose export price stood at $X per ton in 2022, picking up by 19% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of 35% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Switzerland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+3.8%), while the prices for the other major destinations experienced more modest paces of growth.

Lactose Imports

Imports into France

In 2022, approx. X tons of lactose and lactose syrup were imported into France; picking up by 20% compared with 2021 figures. Overall, total imports indicated prominent growth from 2012 to 2022: its volume increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +66.9% against 2018 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, lactose imports skyrocketed to $X in 2022. Over the period under review, total imports indicated a perceptible expansion from 2012 to 2022: its value increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +104.7% against 2015 indices. The most prominent rate of growth was recorded in 2017 when imports increased by 18% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Germany (X tons) constituted the largest lactose supplier to France, with a 38% share of total imports. Moreover, lactose imports from Germany exceeded the figures recorded by the second-largest supplier, the UK (X tons), twofold. The third position in this ranking was taken by Denmark (X tons), with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany stood at +6.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+34.4% per year) and Denmark (+42.2% per year).

In value terms, Germany ($X) constituted the largest supplier of lactose and lactose syrup to France, comprising 51% of total imports. The second position in the ranking was held by Denmark ($X), with a 12% share of total imports. It was followed by the UK, with a 12% share.

From 2012 to 2022, the average annual growth rate of value from Germany totaled +6.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Denmark (+41.9% per year) and the UK (+29.2% per year).

Import Prices by Country

The average lactose import price stood at $X per ton in 2022, shrinking by -2.7% against the previous year. Over the period under review, the import price showed a mild decrease. The growth pace was the most rapid in 2018 an increase of 25%. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+0.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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